'Very exciting for America': Donald Trump says the US tariff policy 'is doing really well' in the midst of trade war | Today news
Donald Trump’s remarks come at a time when economists and experts have marked a trade war due to the rates that can have a significant impact on the global economy. China and the US were on the guard, increasing rates on each other’s imports. US President Donald Trump said rates were a positive for America. (AP) Donald Trump on Friday demanded that the US do ‘really good’ with its new tariff policy and call the Times exciting for America and the world. ‘We are doing very well with our tariff policy. Very exciting for America, and the world !!! It moves quickly, “he explains in a post on his social media platform Truth Social. Donald Trump’s remarks come at a time when economists and experts have marked a trade war due to the rates that can have a significant impact on the global economy. The first scent of the trade war was felt a few days ago when China imposed a retaliation tariff on us from 34 percent, raising it to 125 percent later after America raised the land levies to 145 percent. The ongoing US tariff fiasco has raised interests in a trade war that threatens to increase global supply chains. China’s retaliation has strengthened the economic unrest unleashed by Trump’s rates, which saw markets tumble and foreign leaders wondering how to respond to the largest disruption in the world trade order in decades. Markets are declining, gold reaches all US markets with a high time opened on Friday. The Dow Jones industrial average fell by 100.2 points to the open, while the S&P 500 dropped 12.5 points at the opening bell. Meanwhile, the rising price of gold, falling value of the US dollar and in other financial markets indicates more fear amid investors, as the US -China trade war is escalating. However, we adhere to the narrative of the US, have lost to the story of a positive outcome of the Trump tariffs, with Donald Trump with his latest post. The administration has also cited its discussions with a number of countries on new trade transactions, which he says will justify the dramatic upheaval in policy. However, according to Reuters, the war between the US and China is practically impossible. First published: 11 Apr 2025, 08:27 pm Ist